This paper investigates equilibria in a labor market where firms post wage/tenure contracts and risk-averse workers … endogenously over time through experience effects, tenure effects and quits to better paid employment. This equilibrium approach … suggests how to identify econometrically between experience and tenure effects on worker wages. …

performance related pay (PRP) flattens the pay-tenure profile. Wages and effort increase over the lifecycle, both with and without …

links between statistical discrimination, mobility, tenure and wage profiles. The model assumes that it is more costly for …

How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching … wird ein Wachstums-Matching-Modell entwickelt, das durch heterogene Arbeitslose - Kurz- und Langzeitarbeitslose - und bei …

of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers … Langzeitarbeitslosigkeit und der Wachstumsrate des technischen Fortschritts wird in einem Wachstums-Matching-Modell mit heterogenen …

In this paper we extend a job search-matching model with firm-specific investments in training developed by Mortensen … framework and the search-matching framework (eg. Pissarides, 1990). Second, it improves the correspondence between the …

This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …